$Fullerton SGD Cash Fund (SG9999005961.MF)$ hi, so ive put 7...
hi, so ive put 75k in to it, how much will i get if the first month? is it $362.5? then after ?
ive subscribed on 16th, only today i got $7+
am i on track im missing something?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Brianjh : on track
Dadacai : Pls read this Celebrate the 58th National Day. Enjoy 5.8% p.a. for 30 days - July to August 2023-moomoo Help Center The 5.8%pa return is only for the first 30 days and it includes the actual performance of the unit trust. The $7+ is the actual yield of the unit trust (do note this means the NAV of your units has increased by that amount; there is no payout in the form of interest/dividend and the return is only locked/realised when you redeem your units). The difference between the actual yield and 5.8%pa will be made up by moomoo after 30 days (processing time can take up to 7 business days).
RandomRando : The $7 per day is the usual, non-promotional yield of this fund. On Monday, you get the interest for Friday. On Tuesday, you get the interest for Sat, Sun and Mon.
For the promotion, after 30 days, you will be awarded the difference between the 5.8% p.a. for the month minus the interest you already received (~3.8% p.a.).
Dadacai RandomRando : The yield/return should not be called interest as it is not a bank deposit but a unit trust.
102319551 : Is the promo applicable for new customers only? Or existing also?
Dadacai 102319551 : Existing customers can take part but the rules to qualify are different 58th National Day Special Offer,Up to S$380 Reward - July to August 2023-moomoo Help Center
102319551 Dadacai : Thx bro. I already did the more than 50k. So now just need to buy more 1 dollar units to meet 7 trades
Dadacai 102319551 : Did you receive the free SG commission coupon?
102319551 Dadacai : No leh.....how to get ah?
Dadacai 102319551 : Me > Coupons. You usually get it after registering successfully at the promotion page. You are sure you registered before you deposited?